Mayville Engineering Company (MEC) Asset Utilization Ratio (2019 - 2026)

Mayville Engineering Company (MEC) has 8 years of Asset Utilization Ratio data on file, last reported at 0.97 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio fell 21.79% year-over-year to 0.97; the trailing twelve-month figure through Mar 2026 stood at 0.97 (down 21.79% YoY), and the FY2025 full-year result was 1.08, down 12.27% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.97, up from 0.95 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 1.28 in Q2 2024 and bottomed at 0.95 in Q4 2025.
• The 5-year median for Asset Utilization Ratio is 1.17 (2022), against an average of 1.16.
• The widest annual swing landed in 2024, when Asset Utilization Ratio climbed 18.27%; it then fell 25.47% in 2025.
• A 5-year view of Asset Utilization Ratio shows it stood at 1.22 in 2022, then fell by 5.24% to 1.15 in 2023, then grew by 10.76% to 1.28 in 2024, then slipped by 25.47% to 0.95 in 2025, then climbed by 2.35% to 0.97 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.97 (Q1 2026), 0.95 (Q4 2025), and 1.05 (Q3 2025), per Business Quant data.

Peer Comparison